The global adhesives & sealants market, along with its applications, has witnessed a high growth for the past few years and this growth is estimated to increase in the coming years. Some of the growth of adhesives in the disposable medical device market will result from improved processing methods and technology and not just new adhesive advancements. Application and curing equipment play a critical role in the design and manufacture of these devices. The aging population and advances in medical procedures will continue to fuel the growth of the adhesives & sealants in a host of areas, including drug-delivery systems, catheters, implants, and therapeutic devices.

The global market value of the adhesives & sealants is projected to reach $59.75 Billion by 2020, growing at a CAGR of 4.72% between 2015 and 2020.

Growth in the Asia Pacific region is expected to outpace that of both the US and Europe. Asia Pacific growth is forecast to be about 6.23% during the period as more manufacturing is shifted to that region, although much of the finished product will be manufactured for US and European markets.

This study basically aims to estimate the global market of adhesives & sealants for 2015 and to project its demand by 2020. This market research study provides a detailed qualitative and quantitative analysis of the global adhesives & sealants market. We have used various secondary sources such as directories, industry journals, and databases to identify and collect information useful for this extensive commercial study of the adhesives & sealants market. The primary sourcesexperts from related industries and suppliershave been interviewed to obtain and verify critical information as well as to assess the future prospects of adhesives & sealants.

Competitive scenarios of the top players in the adhesives & sealants market have been discussed in detail. We have also profiled leading players of this industry with their recent developments and other strategic industry activities. These include key adhesives & sealants manufacturers such as Henkel AG & Company (Germany), 3M Company (U.S.), Bostik Ltd. (France), H.B. Fuller (Netherlands), Illinois Tool Works Inc. (U.S.), Avery Dennison (U.S.), Sika AG (Switzerland), Franklin International (U.S.), RPM International Inc. (U.S.), and Royal Adhesives & Sealants, LLC (U.S.).

Scope of the report

The global adhesives & sealants market is segment as follows:

The global adhesives & sealants market has been covered in detail in this report. In order to provide an all-round picture, the current market demand and forecasts have also been included.

On the basis of technology type:

Water-based

Solvent-based

Hot-Melt-based

Reactive & Others

On the basis of chemistry type: Water-based Adhesives Market, By Chemistry Type

The adhesives & sealants market is estimated to reach 20.55 Million tons by volume by 2020, signifying a firm CAGR of over 4.25% between 2015 and 2020.

The global adhesives & sealants market, along with its applications, showed a high growth in the past few years and is estimated to continue in the coming years. Adhesives and sealants are versatile products that find use in most industrial sectors. Opportunities for these products continue to expand as manufacturers increasingly seek new performance requirements in bonding dissimilar materials, substitute synthetic substrates for traditional materials, demand environmental benefits such as volatile organic compound (VOC) reduction and design for recycling, and create fashion innovations and aesthetic bonding solutions for various substrates. From an engineering and design perspective, adhesives are valued because of their ability to bond dissimilar substrates, resist vibration, and distribute stresses over a wide area. Leading application segments include paper, packaging and related, construction, assembly/manufacturing, woodwork and consumer products. Specialty (premium) adhesives are typically used in construction, automotive, appliance, aerospace, furniture and electrical/electronic applications.

Currently, the Asia-Pacific region is the largest consumer of adhesives & sealants and is estimated to grow at the highest CAGR. The countries such as China, Japan, and India is expected to lead the Asia-Pacific adhesives & sealants market, with China having the largest share in the regional volumetric consumption of adhesives & sealants. The market volume of adhesives & sealants is comparatively low in the RoW region, but the estimated growth for the region is second highest after Asia-Pacific.

The North America and the Europe regions are the most active markets in terms of strategic initiatives, owing to their market demands. The flexible packaging application has led the rapid growth in the adhesives & sealants market.

This report covers the adhesives & sealants market by key regions and important countries in each of these regions. It also provides a detailed segmentation of the adhesives & sealants market on the basis of different types, technology, alongwith their key applications upto 2020.

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